Bee: Marcos Breton: Arena deals are nothing new to Sacramento's city manager

Good read. I like how Shirley seems to intimate that a lot of arena detractors are clueless about the whole thing and that the arena could wind up being a huge boost to downtown despite what happened in Cincinnati. He's about as objective as they get and he seems to be in the middle but moving towards being pro arena.

Also, a lot of people seem to be upset about the possibility of losing $9 million a year in parking money but what about taxes from King players. A player payroll of $60 million means you have over $20 million in taxes that will go away should the Kings relocate elsewhere.
 
Good article, but I made the mistake of scrolling down to read the comments. I left before I was tempted to post something I know I'd regret.
 
VF21 said:
Good article, but I made the mistake of scrolling down to read the comments. I left before I was tempted to post something I know I'd regret.
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It is fascinating how insanely ignorant and mean-spirited a group of people can be. Too bad they don't read the articles like this one...it's a good read.
 
Trueblood said:
Good read. I like how Shirley seems to intimate that a lot of arena detractors are clueless about the whole thing and that the arena could wind up being a huge boost to downtown despite what happened in Cincinnati. He's about as objective as they get and he seems to be in the middle but moving towards being pro arena.

Also, a lot of people seem to be upset about the possibility of losing $9 million a year in parking money but what about taxes from King players. A player payroll of $60 million means you have over $20 million in taxes that will go away should the Kings relocate elsewhere.
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The State gets those taxes, not the city. Maybe that's what you meant? I'm sure they pay some city sales tax money, too, though.
 
Trueblood said:
Good read. I like how Shirley seems to intimate that a lot of arena detractors are clueless about the whole thing and that the arena could wind up being a huge boost to downtown despite what happened in Cincinnati. He's about as objective as they get and he seems to be in the middle but moving towards being pro arena.

Also, a lot of people seem to be upset about the possibility of losing $9 million a year in parking money but what about taxes from King players. A player payroll of $60 million means you have over $20 million in taxes that will go away should the Kings relocate elsewhere.
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He didn't just hint at it, he pretty much came out and said it. Good for him. Of course, he's not an elected official, so he has more freedom to speak.

I like that he he is turning away from the council people who expected him to be negative on the arena proposal. Warms my heart. :D
 
I got pissed off reading Voisin's article today though.

http://www.sacbee.com/2012/02/19/4274823/ailene-voisin-kings-fate-in-sacramentos.html

"In other words, the status quo remains the status quo. Sacramento controls its destiny. If the City Council on Feb. 28 votes to approve the selected parking bids that are expected to generate
approximately $200 million toward arena construction,....."
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Uh no, Ailene. That isn't what they will be voting on on the 28th. Not even close. They haven't even initiated the bid process yet and may not, unless they approve the term sheet for the NBA they will be voting on on the 28th. :mad:

Maybe she doesn't keep up with everything, but how hard would it be to check with the writers who are covering the city council on this issue. What about fact checkers (probably all laid off).

Good grief, the Bee gets worse and worse. There's actually barely any paper left and a good chunk of the stories come from wire stories or other newspapers. So sad. so very sad. :(
 
Trueblood said:
Also, a lot of people seem to be upset about the possibility of losing $9 million a year in parking money but what about taxes from King players. A player payroll of $60 million means you have over $20 million in taxes that will go away should the Kings relocate elsewhere.
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They really do need to come up with a plan to replace this money. KJ has promised there will be such a plan. The other unanswered major question is how are the Kings/PBP Pavilions owners going to pay back the current city loan. Hopefully, we have answers on Feb 28th or the term sheet may not get a positive vote on the 28th.
 
Circa_1985_Fan said:
I HAVE to force myself to not scroll down to the comments...makes my blood pressure rise.
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Yeah, I've been wading through them and picking some spots to make points over the last day or so, but I don't have time to keep it up right now. Just poking at the hornet's nest. ;)
 
kennadog said:
Me, too. I just don't need the stress and anger. They don't listen to facts anyway.
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Hey, I have been getting verbally abused all day in there, for laying down simple FACTS about the ESC. No matter how obvious the facts are, I am a liar, or worse. Such sad and lonely people, they are.

I seriously need a hobby!!
 
kennadog said:
The State gets those taxes, not the city. Maybe that's what you meant? I'm sure they pay some city sales tax money, too, though.
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You're right. Brain cramp on my part. I followed the Hornets to OKC and then back to New Orleans saga pretty closely as well and in that situation, the state of Louisiana controlled the team's lease. A lot of people talked about how the state needed to do what they could to keep the Hornets because of the large amount of taxes coming from the player payroll. I was thinking of that situation when I brought up the tax deal without coming to the obvious conclusion that both organization's have completely different lease situations.
 
Trueblood said:
You're right. Brain cramp on my part. I followed the Hornets to OKC and then back to New Orleans saga pretty closely as well and in that situation, the state of Louisiana controlled the team's lease. A lot of people talked about how the state needed to do what they could to keep the Hornets because of the large amount of taxes coming from the player payroll. I was thinking of that situation when I brought up the tax deal without coming to the obvious conclusion that both organization's have completely different lease situations.
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No problem. :) Because I still think the development of the railyard will boost the city's coffers tremendously. The city has little undevelopeed land any where else in the city limits. Developing the rail yards would be a huge boost to property taxes (all city money) and sales taxes (the city portion).

During construction they will get plan check fees, inspection fees, permit fees. The cost of much of the infrastructure could be repaid through special assessments on the properties or waived as an incentive to new businesses.

That size of an area, developed the right way, could really provide a huge boost to the city's cofferes (general fund). Of course, the newly developed area will also cost in terms of city services to be provided like police and fire services.

Besides the arena, the more businesses that move in, the more jobs there will be that will not be government jobs. The city needs diversification in it's economic base.
 
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